Peninsula Trails Coalition EIN 91-1416511 Form 990 (PDF) Claim this org

Peninsula Trails Coalition

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Develops and promotes non-motorized trails on the Olympic Peninsula. For fiscal year 2024 it reported $466K in revenue, $450K in expenses, and $1.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Port Angeles, WA
Website
www.olympicdiscoverytrail.org
Filings
5 on file (2020–2024)
Revenue
$466KFY2024
Expenses
$450K
Net assets
$1.0M
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-1416511 Public charity (501(c)(3)) Port Angeles, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Develops and promotes non-motorized trails on the Olympic Peninsula.
Leadership
Andrew Stevenson · Secretary
Money in and out
$466K revenue, $450K expenses
Bottom line
81% program efficiency
Where the money goes · FY2024
Total revenue
$466K
Pt VIII · Ln 12
Total expenses
$450K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.10 Fundraising $0.08
Program efficiency
81%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
25.5mo
months of highly liquid reserves at operating expense rate▼ -39% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -90% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$466K
FY2024▲ +16%
Expenses
$450K
FY2024▲ +75%
Total assets
$1.0M
FY2024▲ +6%
Total liabilities
$951
FY2024▼ -65%
Total revenue
$466K
Pt VIII · Ln 12
Total expenses
$450K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$17K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPeninsula Trails Coalition
EINHdr · item D91-1416511
Principal addressHdr · item CPort Angeles, WA
WebsiteHdr · item Jwww.olympicdiscoverytrail.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99Z)
Ruling yearIRS BMFDec 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Peninsula Trails Coalition executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $366K of program spending, described in the organization's own filed words · FY2024.
01

Construction of projects along the Olympic Discovery Trail and spur trails, organizing volunteer support and on-going administration of a program to help with trail maintenance, work with jurisdictions on trail issues, continue expansion of the trail network.Construction of projects along the Olympic Discovery Trail and spur trails…

$366Kprogram expense
02

Public Fundraising/Community Relations

Organize monies, production of yearly events and programs to raise monies, seek new members, communicate to others our purpose, annual membership meeting, assisting event promoters to use the trail for events that raise monies for the trail network.

Pt IX · col B
03

Communication/Website

Maintain current website, keep up-to-date information available for trails, respond to inquiries about trails, keep digital maps on website, print maps for public distribution.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$357K · 76%
Other revenue$57K · 12%
Investment income$53K · 11%
Contributions & grants76%$357K
Other revenue12%$57K
Investment income11%$53K
— government grantsLn 1e$93K
Total revenueLn 12$466K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.10 Fundraising $0.08
Program services81%$366K
Management & general10%$46K
Fundraising8%$37K
Total functional expensesLn 25$450K

Balance Sheet

Part X · end of year
CashLn 1$222K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$951
Total net assetsLn 32$1.0M
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $954K · Operating expenses/yr $450K
25.5 months
Where the money goes
Program services
Program services $366K · Total expenses $450K
81%
Management & General
Management & general $46K · Total expenses $450K
10%
Fundraising
Fundraising $37K · Total expenses $450K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $30K · Solicited contributions (3-yr avg) $250K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $357K · Total revenue $466K
76%
Government reliance
Government grants $93K · Total revenue $466K
20%
Earned-income share
Program service revenue $0 · Total revenue $466K
0%
Investment reliance
Investment income $53K · Total revenue $466K
+11%
Program self-sufficiency
Program service revenue $0 · Total expenses $450K
0%
Growth & trend
Revenue growth (YoY)
This year $466K · Prior year $401K
+16%
Revenue CAGR
FY2020 $143K · FY2024 $466K
+34%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $466K · Expenses $450K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $1.0M · Total assets $1.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $733K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.0M
73%
People & payroll
Highest Reported Total Compensation
Individual Andrew Stevenson · Reported title Secretary · Highest reported compensation $0 · Total expenses $450K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $450K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 10%
Fundraising cost ratio 10%
Revenue growth 16%
Investment management fee ratio 0.8%
Legal fee ratio 2%
Accounting fee ratio 0.1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$466K revenue · viewing · ⤓ 990 PDF
FY2023$401K revenue · ⤓ 990 PDF
FY2022$335K revenue · ⤓ 990 PDF
FY2021$317K revenue · ⤓ 990 PDF
FY2020$143K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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